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governance survey and are the basis for our discussion for the first 45 minutes of this edition of the "washington journal." good morning. today is saturday, september 29. we want to find out from you about divided government. are you in favor of it? would you prefer to see one party, two parties, three parties? one party versus divided government, your preferences is our topic for the first segment of the program. 202-585-3880 is our number for democrats. republicans can call us at 202-585-3881. independents, 202-585-3882. if you're calling outside the u.s., 202-585-3883. we'll show you those numbers throughout the segment. if you want to get in touch with us via social media, the address, twitter, twithtwith cspanwj. on facebook, it's facebook.com/cspan. if you want to send us an email, that address is journal @organize org. -- is journal @c-span.org. this is the gallup poll we're talking about. it's the gallup annual governance survey. they write while americans tend to lean toward one-party government over divided government in presidential election years, this year finds th
numbers on leaky boats and some sadly have been drowning at sea trying to get here. the government has been under a lot of pressure from the opposition to take a tougher policy to deter votes from making history. finally, the government act down and embraced the opposition's policy. after it was recommended by an expert panel. i asylum-seekers will now be sent to the tiny pacific country of not move and an island. have the claims process. rather than on shore here in austria. it's what the opposition wanted your but opposition leader didn't let the government get away without reminding them of the political backflip they have just done. >> are there any questions speak with my question is to the prime minister. and i thank the prime minister for finally a docking one element in the coalition's border protection policy. namely offshore processing. and i ask when will she a doubt the other two elements in our policy, namely turning boats around where it is safe to do so and protection bases that are also necessary if we are finally to stop the votes? >> the prime minister as the call. >>
journal and government executive for inviting me to this year's a cyber security summit because i can think of no more urgent topic in today's interconnected world. the cyber domain is woven into the fabric of our daily lives. while this increased productivity has led to significant transformations and advances across our country and around the world, it has increased the importance. the flip side of all the good that comes from the internet is that cyber attacks have increased over the next decade. here is a quick sense of scale. last year, u.s. computer emergency readiness team that surprise -- provides response for the federal civilian part of of the partners, last year, the u.s. responded to more than 106,000 incident reports and released more than 5000 actionable cyber security alerts. specialized teams for vulnerable and industrial systems. the words cyber security encompasses a broad range of malicious activity from the nile of service attacks to the theft of intellectual property to intrusions' against the government that works. last year, a water plant for a small town in tex
in france have to pay their government. that is, thank you, to the country's socialist president. there he is. he looks so happy, doesn't he? how would you feel about giving 75% of your income to uncle sam? for now that insane tax rate is staying on the other side of the pond. i don't know, are we next? joining me for more on this, chief economist brian wesbury. brian, great to have you back on the show and i just fear that there are folks in washington who look at this and say, now, that french thinking, they are thinking right. scary, right? >> yes. we know they like a lot of things that the french like. big government. big spending. big entitlement programs. and this is the last gasp. i call this paul krugman's alamo. i guess if you're going to talk european we have to say it is the waterloo, right? melissa: right. >> we spent all the money. we can't afford it. now we'll tack, we're going to confiscate people's income to try to pay for all of this. what they will do is destroy their economy. so this will be, this will be the end for france. this can't last. hollande, i can't man he is p
states as well. i have a jobs plan. we need to back government away from small business, need to have government reduce regulations that are such a burden on businesses so they can create jobs. we need to reform the tax code. we need to reduce energy costs. we need to help small businesses to create those opportunities. >> senator kerrey, you have 30 seconds. >> senator fischer signed a pledge that would require you should pay the same taxes employees pay. under your balanced budget, unemployment would double. i have examined the amendment, and it would double unemployment. >> i disagree. with regard to the buffet rule, if you are going to tax every millionaire, that can run the government for 17 hours. let's look for businesses to create jobs and make opportunities in the state, and we can do it by reducing regulations, by having an energy plan, by repealing "obamacare." >> the next question. >> a question in this cycle is, are we better at today than we were four years ago? are we? >> no, we are not better off with our economy, with our position in the world. we have seen a failure
it will coincide with our perspective, the libyan government understood and said clearly what happened. it was in direct contravention to what the president and spokesman said and were told. they have no other intelligence sources. >> i have spent enough times overseas, and most of my adult life, to know that sometimes you have to take with a grain of salt what the most country is stay -- host country is saying, i understand sometimes skepticism over host country, this is what happened. but, in this case, to your point, the libyan government of right. my 5-year-old boy could have figured it out this was a terrorist-related incident planned ahead of time just by looking at tactics used. fields of fire, the way that the attackers moved and all of the information leading up to this saying common sense would tell you this was a preplanned attack. lou: and we're watching our ambassador, lead to a safe house that was neither safe or protected. and the fact that the terrorists knew there was a safe house located at that position and at is where they killed him, led your intelligence analyst t
to come with the transition to democracy, i am convinced that ultimately government of the people, by the people, and for the people is more likely to bring about the stability, prosperity, and individual opportunity that serves as the basis for peace. >> next wednesday, october 3rd , but romney and president obama meet in their first presidential debate, moderated by jim lehrer of the news hour. watch and engage with c-span, including the live debate preview. the debate at nine, and after the date your reactions, calls coming e-mails command tweets. follow live coverage. .. on direct tv. c-span, created by american cable companies >>> a data among the candidates running to be the next governor. incumbent democrat jay nixon is seeking his second term running against dave spencer also libertarian jim higgs and it's raised as lean democratic. september 21st this comes to us from kmiz-tv. it's about an hour. >> governor nixon. go ahead. >> it's a pleasure to see so many friends we have worked with for so many years one of the reasons i ran for the governor and the things i've done fo
of government and they will have a much bigger appetite for government spending as more and more americans don't pay taxes there's less resistance to programs that take money from everybody else. >> close to half don't pay federal income taxes some are retired elderly collecting social security and medicare the study excluded them. even without them the number of nontaxpayers risen from 21 percent in 1990 42 percent toda. government spending has grown to pace. >> the gobbling of the nonpayer rate associated with more than 200 billion about 213 billion in entitlement spending today. it is a big chunk of change a big part of the federal budget. >> 213 billion a year over 20-years the study found the number of nonpayers has increased the debt to gdp ratio by 14 points. those who don't pay federal income taxes pay other taxes. he and both parties expanded tax breaks for the working poor. >> we put in a child tax credit which when president bush passed all of those tax cuts that's what he did for middle class people. he doubled the child tax credit to a thousand dollars. >> whatever the reason the
a government representative rather than just direct my%. host: girls age 14 can get birth control at new york's schools. that's one story you probably have heard about. and in the "new york times this morning, there's this in their national section -- they are frustrated with mayor rahm emanuel. in florida, a democratic caller, good morning. caller: thanks for taking my call. good morning. the u.n. was created, basically, to undermine the united states. they tried at first with the league of nations. people in our government back then would not accept it. so then they came back with fdr with the united nations. he was progressive and he jumped right into it. if you just look, nobody in the un is our friend, hardly anybody. it was basically created to undermine the united states. host: what about japan, the united kingdom, france, spain, mexico? caller: i think mexico was complicity with the gunrunning thing and mexico is not really our friend at. japan, i don't know. but for the most part, everything out that the united states wants to do usually gets voted down by china and russia, who are a
, our federal government imposes the worst in the world, 35% tax on job creating businesses in our country. the average is 25%. i advocate reducing it to 20% because i think america should be better than average. doing that will help create over 500,000 jobs a year. that's an inpent analysis. tim's view is one of increasing taxes. folks, lower taxes create jobs, greater opportunity, makes our country competitive, and it's amazing to me that tim, who would raise taxes on people buys used cars and folks earning as little as $17,000 a year will then will be put in jeopardy, the hundreds of thousands of defense and technology jobs, and in my view, the men and women in our armed forces should never be used as a political bargaining chip to raise taxes on job creating small businesses. >> when you eliminate deductions, would you do that for everyone or high income earners? >> first, i'll point out the last rhetoric about taking veterans hostage on economic issues. that's exactly the kind of name calling we've got too much of in washington. we can debate policies, but that's the name call
during the school band challenges government authorities in the process of affecting standards to set equally strong standards for what kids can find in vending machines and what kids find in stores or the so-called cafeteria lines. bottom-line too much junk food available to kids in school and we as parents and citizens let alone military college, national secure in our country and interests must be doing something about it. my colleagues will offer their concerns and comments on our report. let me offer some simple facts to get us started. four hundred billion calories' of junk food sold in schools every year. fax number 2. if that was all candy bars laid end to end and would encircle the globe six times. one in four of children are ineligible to serve military services simply because they're too overweight. 25%. the next closest qualifier, asthma, at 4%. it is easy to link this obesity epidemic to impact on the national security of the country. we are trying to manage an all volunteer force of 25% of candidates from which we draw from people and ineligible to serve. fact number 5,
apparently shut it down. u.s. government is not required to mediate any disagreements between the two parties of the blue mountain libya partnership. saying it is currently satisfactory. there was no immediate response on the comment. a u.s. official is not denying reports the administration is laying the initial groundwork behind the attack as many as one dozen possible targets, ashley. ashley: thank you very much. let's get into this a little bit more, joining me now, retired united states army lieutenant colonel and former fox news middle east former senior advisor to governor romney and also author of the book "the coming revolution, struggling for freedom in the middle east." as we get more details on the events prior to the benghazi attacks it appears in the days, the weeks and the months prior there was plenty of warning signs. why is it these were the very least ignored? >> the main problem the administration has in libya is being unable to connect information from the various agencies. the fact there are militia on the ground proceeding as rebels. penetrated by al qaeda. because it w
follow that up. the israeli government, the prime minister, at least, has challenged the united states to define a red line or else is would be able to act on its own without clearing anything with the united states. this sounds to me like an ultimatum. is that what it was? was a governnt of israel giving us an ultimatum? was that wise? >> look, israel was in my portfolio. i have traveled there 13 times. i have had hundreds of meetings with israeli officials. we are in lock step with them on how far iran is toward getting a nuclear weapon capability. we are in step with them on the objective of preventing iran from getting a nuclear weapon. they do not have the same military capability of the united states has. they do not believe they can wait as long as we can. we need to work together to align our clocks. president netanyahu is expressing concerns. the president shares those concerns. it is a huge threat to israel and the interest of the united states. this president has made clear that all options will be considered to address that. the current israeli government would like the u.s
, a very different governing policy and a different philosophy. joe is very good on the attack, and trying to confuse the issues so that the person leaves the debate confused about who stands for what. my job is to make sure they are not confused about what we stand for and what they stand for. >> you have said olsen, a supreme court appellate lawyer, who won bush versus courgore, as -in. standin >> he is one of the best litigators in americate. he has studied joe biden's tapes and his style. host: he's been preparing for the debate with ted. in kentucky and that is the second of four debates. the first one in denver this wednesday between the president and mitt romney. fort meade is on a line for democrats, john, good morning. caller: good morning. thanks for taking my call. i have been a registered democrat all my life. my dad was a union electrician growing up in west virginia, the coal mining area. everybody is a democrat there. especially the last four years my opinion, i feel the administration is very weak. when the chinese are coming over here and winning contracts with stimulus mo
mission at the association. we also believe good government depends on an informed and educated public and that a debate can and should be educational. we have over 800,000 members in the state. we are pleased to join in sponsoring this 2012 u.s. senate debate. we appreciate you joining us this evening. join us this evening on our web site to find even more information about candidates and the issues this election season. we have seen our society and government faced growing challenges. we hope that our sponsorship of this senate debate will help you gain a better understanding on how each of these candidates would represent us and go for our nation. join us in watching the debate and in thinking about the future. join us on tuesday, november 6. the format will allow for each candidate to make an opening statement and respond to questions from >> the format will allow for each candidate to make an opening statement, to respond to questions from a panel and work -- a panel of reporters, and a closing statement. include robert kennedy. opening statement. >> thank you for this opportunity
. early last year mr. quinn floated the idea that the federal government could bail out, that is the federal government, you, could bail out his state's pension program if illinois' finances took a turn for the worse. critics are pouncing saying states cannot give away big benefit packages and then expect the federal taxpayer to come to the rescue. "the chicago tribune" says the stampede of other states with pension red ink could lead to a federal taxpayer bill of over $2 trillion. that's with a t, and let me tell you, folks, that's just one estimate. others put it between 1 trillion and 25 trillion that we could potentially get to. lou dobbs is host of "lou dobbs tonight" on the fox business network, he's also a syndicated radio host. so governor quinn in illinois can't figure out how to get himself out of these pensions that they've overpromised and feel like they're going to have to underdeliver on, and he's considering making the rest of us pay for them? [laughter] >> he's considering, he's hoping, he's begging, he's wishing. the fact of the matter is governor quinn
falling at a bond auction today. analysts say the auction shows nand for italian government paper remains healthy. and eu regulators are prepare to go charge microsoft for failing to comply with a 2009 ruling. that ruling had on ordered the company to offer user as choice of web browsers. apparently they may not have done that. if guilty, microsoft could face fines of up to 10% of its global revenues. and that would be a lot of money. >> iran still, we're this close to nuclear -- think our unfunded labels are like 60 trillion or something. europe back in the crapper, but the refs. huh? >> i told you, i don't always like unions. i'm actually happy that the refs union won. >> it does provide a release from some of the travails and the worries of every day life. spoorts is sports is an escape. >> they said they will be back on the field tonight. >> i think the regular refs had a deal with the foot locker guy. >> did you see the story of the guy who actually made that call? he's a bank of america full-time banker. so you're a banker, a fill-in ref. the only way you could probably be less popu
government aid. that's a real contrast to senator mccain who in 2008 had a pretty aggressive housing plan this. administration ended up being less aggressive than the republican opposition wanted to in 2008. >> we'll have to leave it there. thank you bothful >> thank you. [captions copyright national cable satellite corp. 2012] >> there's a lot of research out there that, in fact, mobile usage is even higher among minority communities than it is among white communities. i've seen some startling research that in some of these minority communities, 70% or 80% of the usage of the broadband is through mobile applications. i'm not a critic of mobile broadband in any way whatsoever. after the wireless transition, we're in the business, so no reason for me to be critical. my comment is not a platform comment. it's more a device comment. and that is if you're going to do mobile on a laptop and get real broadband speed, l.t.e.-type speeds, i don't have any problem. if you're in the educational context and talking about mobile smart phone and a lot of this access of broadband, in minority communiti
a number of people living off the government. you know, my wife and i have given so much back to the st. louis city schools at roosevelt high school, for the past six years we've been knee-deep in the problem center city. and by the way, we 50,000 kids now with normandie going the other way and not accredited schools, 50,000. philip busch stadium standing room only. we need more people employed in the state. we need more opportunity, we need more dreams to be fulfilled and we are simply languishing at the bottom of the barrel almost every economic category. you know, a lot of education is leadership and it starts at the top. i think there's well-intentioned people. were starting to show signs of progress and it was. we been in there. we've been in the trenches. for six years we've been trying to find a solution to the problems. kansas city, we can help getting it going from the ideas we have. there is racial disparity that comes to economic opportunity and jobs. in the best gift we give somebody as a career. >> jim higgins. >> okay, well one of the most inefficient things you can do wit
just said to dagen and fewer viewers. he is absolutely right. the government is too big. we have all of these taxes to worry about if we do not cut spending. it has become the biggest financial institution in the world and that is why we are more worried today about uncertainty and what has happened is the risk reward ratio has changed for business. there is more risk and potentially a lot less rewards. businesses are holding back and that increases the odds of recession. the three what todd would you put on recession given the fact, again, this morning we are optimistic -- maybe not, maybe things are looking pretty good. what odds do you put on recession? >> when we had our soul patch, we did not change our hearts. we stayed at 10%. that is 10%. this year as we have had this slow patch, especially a big drop in production, big drop in durable good orders, machinery orders are down 10% from a year ago, these numbers concern us. even though the economy is growing, companies are holding back. they are holding cash. they are not making new orders. that worries us. that may seem low to p
of increased government regulation that went into effect a year ago. frost started looking for ways to simplify fees five years ago. its basic account carries a $5 monthly fee. but like many banks, if the account balance is above a certain level, the fee is waived. >> we have found that this account that i just described to you is excellence at a fair price. we give the quality service and it's a fair price and we have found that our customers embrace it. >> reporter: evans puts the cost of new bank regulation on the industry at $13 billion, a cost that's being passed on to consumers. according to a new survey by bankrate, the percentage of free checking accounts offered by banks continues to drop, only 39% of non-interest checking accounts are available to all customers free of charge, that's down nearly 50% in the past three years. other banking fees are also on the rise: >> we continue to see pretty steady increases in the old standbys. things like atm fees and overdraft charges but even with regard to checking accounts. not only are more accounts charging fees now because of the decline in
as compared to romney's own perscriptions that call for smaller less expensive government. for the president what he's going to try to do is say look, maybe things aren't so great but it is partly the fault of george w. bush and the republicans who were in office prior to the democrats taking control in 2009, so we need time to fix it, and by the way, the president will also say that he wants to increase taxes on people like mitt romney to help pay down some of that debt. >> reporter: we just put of that graphic there showing the $16 trillion of debt and there are so many digits it almost doesn't fit on the tv screen across the screen there, as you can see. but haven't americans in some way become number to astronomical numbers? how serious is this in. >> they have become number. is it the new normal this massive spilling of red ink but it raises three problems which i don't think the nation has got even to grips with yet. number one our economy is smaller than our debt. we look like europe, we know what happened there. number two we are spending $9 billion every week just paying interest on
officer shut it down. the u.s. government is not required to mediate any disagreements between the two parties of the blue mountain libya partnership. adding contract performance is satisfactory. >> you are taking me to capillaries of the security system i don't have information to answer here. >> no immediate response from the blue mountain u.c u.k. to fox's request for comment. they're not denying report that the administration is laying the initial groundwork to kill or capture behind the terrorist attack. >> bret: we'll continue to follow it. thank you. more breaking news out of washington tonight. the obama administration made a move today that had some people thinking it may be trying to revive the plan to transfer some of the world's most dangerous terrorists to american soil. correspondent shannon bream is following that story. >> we need it in the federal prison system. >> today, the federal government spent $165 million to buy a correctionm facility in illinois that for years has been at the senator of contentious debate over bringing terror detainees from guantanamo bay, cub
the 47% of us. 96% of people have received some government assistance. >> oh, he hates the 97%. >> stephanie: mitt romney wrote 47% is dependent on the government. it turns out 96% of americans have used government assistance at one point or another in their lives according to a new study. >> i don't care about those people. >> stephanie: wait, there's more. he's preinsulted the other 4%. young adults who are not yet eligible for many policies account for the remaining 4% so he will insult them eventually. >> i don't care about 100% of the american people. >> my campaign is about disenfranchising 100% of the american people. >> stephanie: the survey does not include government activities -- >> i will be in switzerland if you need me. >> stephanie: the interstate highway system, food safety regulations, only tangible benefits. even there, he's insulted 96%. >> food safety? who needs that? [ applause ] >> play russian roulette with your canned stew from 1924, dinty moore. >> stephanie: dinty moore stew.
the government as a two party government. that is how i think it should stay. third parties -- they have never made an impact in elections. i do not think they are relevant at all. i want to thank you for letting me get -- this is my first time in years i have gotten on c- span. host: we are glad to hear from me. caller: know, i do not think they are relevant. host: next is shannon from missouri. are you a member of a third party? caller: yes. you get disgruntled with you hear people like bill oreilly and sean hannity saying ron paul can't win. it every time he gets up to speak he draws a bigger crowds then obama or romney. the motion is amazing. i run into so many people -- you always hear they cannot win. if they could get more coverage other than c-span, c-span are the only people that are fair to third-party people compared to fox or cnn or ms nbc or any of the other ones. i wish more people would watch c-span and educate themselves to receive more votes. host: thank you for the call. one of your saying -- as we said earlier, ross perot sitting down for his first extended interview in many
of millions of dollars, set up better health care networks for the poor. i believe if the federal government would have a lot granted the state of new mexico 43% less money, and done away with all the strings and the mandate, i could've effectively oversee the delivery of health care to the fore. i think you apply that same template to medicare, health care for those over 65, get the federal government out of the health-care business completely , give it up to the states, in this case, block grants that balance revenues and expenditures, and that is how we ever get out of this. giving it up to the states, 50 laboratories of innovation and best practices, that is exactly what we will have. we will have some fabulous success and some horrible failure. failure of lincoln avoided, success will be emulated. that is how we will find our way out of this. host: gary johnson is with us from new mexico. he will be with us for about 40 more minutes. we will put the phone numbers on the bottom of the screen as we take a look at the libertarian nominee and his race overall. there is a recent gallup poll
prosecutors will be forced to reveal information sooner than they planned about the government's most important witness. >>information on his background information about his arrest and about the fact that he served or was convicted ... there's lots of information that goes to the heart of this case that the government has been unwilling to turn over >>the attorney said there's trouble with the government's star witness convicted many times of crimes prosecutors aren't talking as is the custom. former state representative derrick smith was not in court yesterday his lawyers attacked the credibility of the government's confidential informant an individual who said recorded conversations with smith show he took a $7,000 bribe ... there was an ethics investigation and derrick smith is trying to win back his house seat ... many democrats have coalesced around an alternate it remains to be seen whether and how he will have enough votes to defeat derrick smith chicago alderman sandi jackson stood up reporters outside one of her fundraisers. the 7th ward alderman celebrated her birthday
authorities sent rebels fighting bashar al-assad's government text messages reading game over. host: ryan in ports mouth, virginia. democrat, ryan, good morning to you whoosm do you think about media coverage so far? caller: it's good, but they got my name wrong. it's bryant. host: thanks, bryant. got to turn down the volume, bryant. just talk on the phone. there you go. caller: there you go. host: go ahead, brian. caller: i'm listening to c-span and everything, but i have to say that being a navy veteran and in the active reserves, i can tell you that mitt romney -- as a republican or a democrat, you want the truth. a millionaire, billionaire, whatever his money he made in the past, his fathers are blaming that he quotes a lot about coming from a poor nation , just doesn't buy it. the 47%, talking about it in meetings, billionaire friends, that's find to understand it. if you want to hold on, but what he said about the 47% is really bad. and my friends in the reserves, active duty, we're going to vote for president obama, ok? he has done great. now, you have to remember, he's only been i
violent. demonstrators clashing with police. protesters surrounding government buildings in madrid and calling for the disillusion of parliament. this comes just days before a new round of austerity measures are due to be announced in the 2013 budget that is due tomorrow. >>> in greece today, a 24-hour nationwide strike is kicking off. europe is not the only region in the world that's dealing with tension. in japan, japanese auto makers are cutting back production that they have for their plants in china. this decision is coming in the wake of the anti-japan protests. they close dealerships. anti-japanese sentiment in china escalated earlier this month after japan said that it would buy a group of disputed islands in the east china sea. protests across china, angry demonstrators vandalize properties of japanese companies. in the next hour, we'll be joined onset by two squawk masters who are ready to talk about all this chaos. neel kashkari and larry lindsey. let's get to the morning's other top stories. joe, i'll send it back to you. >> germany and its two closest allies in the eur
. the government says in august americans purchased new homes at a seasonally adjusted rate of 373,000. that was down slightly from july, but up nearly 28% from august of last year. subkowiak thinks many buyers were hoarding cash during the recession and are now eager to spend it on new homes on signs the overall economy is improving. but that increased demand has brought more competition for lots. >> now you have end users who are buying for themselves, you have other builders who are doing spec homes, so lot prices have gone up significantly in the last ten months. >> reporter: new home prices are also rising. the commerce department said last month alone they were up more than 11%. but while this is all good news for an economy that hasn't had much of it lately, morningstar economist robert johnson says the market still has to make up a lot of lost ground. >> if you look at housing starts at the peak we were over two million starts. i'd say based on population the number should have been about a million ana half. now we're down around 750,000 in terms of housing starts so we're
rights, a notion that people have -- have to be able to participate in their own governance. but i'm -- i was pretty certain and continue to be pretty certain that there are going to be bumps in the road. >> he said the developments of the middle east are bumps in the road. yeah, that was my reaction. bumps in the road. we had an ambassador assassinated, we had a muslim brotherhood member elected to the presidency of egypt, 20,000 people have been killed in syria. these are not bumps in the road, these are human lives, these are developments we don't want to see. this is time for a president who will shape events in the middle east not just be at mercy to the events in the middle east. >> mike, we talk about how mitt romney's out of touch all the time. i would say a president saying that some of the problems in the middle east are "bumps in the road" is extraordinarily out of touch when you have a u.s. ambassador scraped off the streets of benghazi, 20,000 killed in syria. you've got israel, our closest ally in the middle east in open, basically verbal warfare between their leader and our
europeans, germans and brussels who want to see strenuous action from the government in order to backstop the government with potentially buying of its bonds. herein lies the problem. this is a country that has tried austerity. it's not like greece that's been dragging its feet. lehoy has enacted over 60 billion euros' worth of reforms, over 2 1/2 years to 2014. and the problem is, those reforms are making things worse. it's that whole contradiction is austerity driving growth out of the country, or actually is it creating conditions for investors to get more confidence? and then you get the protests from the people on the street. i'm actually standing on the exact point just outside where parliament is barricaded. you can see behind me just right at that point where over the last two nights, we've seen police charges, plastic bullets being fired as well, protesters getting violent because they're getting very frustrated about the really tough economic conditions which they don't see anything getting better. but i do want to leave this here on a very positive note. and there is one positi
. >> 47% of the people who vote for the president no matter what. who are dependent upon government, who believe they are victims, who believe the government has the responsibility to care for them, who believe they are entitled to health care, food, housing, you name it. and they will vote for this president no matter what. and so my job is not to worry about those. i'll never convince them they should take personal responsibility. >> top of the hour a live look at the white house on a rainy friday morning in washington. welcome back to "morning joe." we're here in washington. sam is still with us along with mark halperin up in new york and joining the table here in d.c. we've got a great group. former -- my professor? >> your professor. >> am i a good student professor gingrich? >> much better than me. you were my favorite student. >> wow. >> former white house secretary under president clinton and contributing editor to "vanity fair" dee dee myers is with us as well. okay. >> we just have a fascinating conversation. the contents of which we won't say completely on the air. >> oh. >> b
disputes to bad weather to government intervention. gold is in a lot of places that aren't sterling democrat says. mark bristol ceo of wrangle told us gold mining is not for sissies. i have pretty much sworn off the entire space. but what if there was a company that gave you the benefits of the gold mining business, name lit ability to find new gold and increase production, and we like growth, without all the short-term headaches, these risks that make owning the stock such a horror show. i think that could be a terrific buy especially in an environment where the price of gold keeps going higher. what is this company? it's sandstorm gold symbol sand. speculative canadian mine financing business. think of sandstorm as beinging a financer for gold miners. we're in an environment where mierns have a lot of trouble getting financing. lenders aren't lending them money. they need more capital. take advantage of this high gold price. that's where sandstorm comes in they will give a gold miner immediate money up front in exchange for the percentage of the future gold produced. in essence bu
, of this fiscal cliff and a government overspending which many see as a huge, huge worry. wouldn't you agree? >> right. and the likelihood of our prolific friends in washington getting the policy right the first time is rather low which is why i think that the high for the year will likely be made sometime in october. and i think we'll see some sort of a pause and then perhaps a climb back up. ashley: you say a pause, there are many people saying this market is in need, desperate need of a correction, 5-10%. would you agree with that? >> well, it's difficult for me to be overly concerned given that liquidity is firmly in place, you don't have general participation by the public at a large, many pension funds around the country have moved to more defensive strategies, putting more money into bonds. so where's the real extreme selling going to come from? there's also a large short interest in the equity markets right now, so hedge funds, by and large, have not participated. long/short, equity hedge funds have done quite poorly this year and way underperformed the benchmark and in many cases ha
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